Pioneer Bancorp (PBFS) Rent Expense (2018 - 2026)
Pioneer Bancorp (PBFS) posted Rent Expense of $2.0 million for Q1 2026, up 3.39% sequentially from $2.0 million in Q4 2025, and up 4.88% YoY from $1.9 million in Q1 2025.
Pioneer Bancorp (PBFS) Rent Expense (2018 - 2026) Analysis & Trends
Pioneer Bancorp has reported Rent Expense for 9 years, with the latest figure at $2.0 million in Q1 2026.
- Quarterly Rent Expense rose 4.88% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.8 million (down 40.51% YoY) and the FY2025 annual result came in at $7.6 million, up 55.04% from the prior year.
- Rent Expense improved to $2.0 million in Q1 2026 per PBFS's latest filing, from $2.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $5.6 million in Q3 2024 and troughed at $1.7 million in Q3 2022.
- A 5-year average of $2.3 million and a median of $1.9 million in 2023 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2024 and 2025: Rent Expense jumped 203.77% in 2024, then slumped 66.63% in 2025.
- Over 5 years, Rent Expense stood at $1.8 million in 2022, then advanced by 3.26% to $1.9 million in 2023, then soared by 192.58% to $5.6 million in 2024, then sank by 64.47% to $2.0 million in 2025, then increased by 3.39% to $2.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $2.0 million, $2.0 million, and $1.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Pioneer Bancorp | 414.55 Mn | 414.55 Mn | 3.96 Mn | 2.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.07 Mn |
| Jun 30, 2026 | 2.07 Mn |
| Mar 31, 2026 | 2.04 Mn |
| Mar 31, 2026 | 2.04 Mn |
| Dec 31, 2025 | 1.98 Mn |
| Dec 31, 2025 | 1.98 Mn |
| Sep 30, 2025 | 1.86 Mn |
| Sep 30, 2025 | 1.86 Mn |
| Mar 31, 2025 | 1.95 Mn |
| Mar 31, 2025 | 1.95 Mn |
| Sep 30, 2024 | 5.56 Mn |
| Sep 30, 2024 | 5.56 Mn |
| Jun 30, 2024 | 3.73 Mn |
| Jun 30, 2024 | 3.73 Mn |
| Mar 31, 2024 | 1.91 Mn |
| Mar 31, 2024 | 1.91 Mn |
| Dec 31, 2023 | 1.90 Mn |
| Dec 31, 2023 | 1.90 Mn |
| Sep 30, 2023 | 1.83 Mn |
| Sep 30, 2023 | 1.83 Mn |